Utter genius Wire matrix — Mighty God King
Orszag takes that multi-million-dollar vice-chairman gig at Citi — Reuters
Jonathan Weil and Jesse Eisinger wrote very similar columns yesterday, about the way in which the latest batch of white-collar-crime prosecutions is seemingly an attempt to occlude the fact that none of the main culprits in the financial crisis have been prosecuted of anything. Meanwhile, Janet Tavakoli has come out with a presentation listing just some of the people who might be liable for prosecution here:
Is the market in European sovereign debt rife with speculation? The NYT would have you think so. And indeed the EU was so worried about the possibility of manipulation in the sovereign CDS market that it commissioned a comprehensive report on the subject.